Warren Buffett Quotes

The new always competes with the old and destroys it. Men who build railroads destroy stage coach lines.

No one has ever been able to stop the process and evolution of technology, not even I.B.M. That is going to continue. Those who grab it and move ahead with it will determine the future in this industry.

Once a new technology rolls over you, if you're not part of the steamroller, you're part of the road.

If you're not looking toward the future or trying to improve the current technology, you'll be left behind.

If you run from technology, it will chase you.

History is replete with examples of tech firms that were marginalized by new companies and technologies.

Technology... is a queer thing. It brings you great gifts with one hand, and it stabs you in the back with the other.

Innovation and disruption are the hallmarks of the technology world, and hardly a moment passes when we are not thinking, doing, or talking about these topics.

If you were a kid in 1955, you would pick up a copy of 'Popular Science' and it would say, 'This is the kind of car you're going to be driving in five years or in 20 years you'll be able to take a jet plane from New York to London in four hours,' or something like that. We actually got used to the idea that the future's going to be different.

Technology has always run ahead of legislation.

Displacement by technology has probably occurred since the invention of the shovel.

In our State the locomotive has waked up the sleeping energies of a great people, and is transforming wasted fields into blooming gardens, and arousing men and women from the dull and heavy sleep that dwells with satisfaction upon the past, into the bright intelligence that looks to a glorious future ….

No particular technology lasts for long.

Everything new endangers something old. A new machine replaces human hands; a new source of power threatens old businesses; a new trade route wipes out the supremacy of old ports and brings prosperity to new ones. This is the price that must be paid for progress and it is worth it.

You either innovate or you become defunct.

It's fun to sentimentalize the 20th-century lifestyle and the 20th-century brain, but it helps nobody, it makes you look ancient, there's no going back, and you'd be miserable if you did.

We adapt to technological progress by raising our minimum standards of living and working to stay above this rising threshold.

Every time there is a major shift in technology, it's been hugely exciting and scary at the same time. I have seen some really drastic changes in technology, like shooting only film to video to digital.

Without competition we would be clinging to the clumsy antiquated processes of farming and manufacture and the methods of business of long ago, and the twentieth would be no further advanced than the eighteenth century.

A good piece of technology dreams of the day when it will be replaced by a newer piece of technology. This is one definition of progress.

In three years, every product my company makes will be obsolete. The only question is whether we will make them obsolete or somebody else will.

Obsolescence is the key to innovation.

I believe we find ourselves in a period of radical transformation. Regardless of whether it is digitalization, the environment or terrorism. We can be successful in this new world. We have the necessary willingness. The French are inventive and innovative. But we need to finally pick ourselves up.

The Stone Age did not end because humans ran out of stones. It ended because it was time for a re-think about how we live.

Are we changing as fast as the world around us?